investments, giving the false impression that the investment is viable.' name='description'> Ponzi - definition and meaning

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • adjective Whereby investors' returns are paid for directly by later investors' investments, giving the false impression that the investment is viable.

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

Derived from the name Charles Ponzi, the business man who invented the scam

Examples

  • Lawyer jailed 50 years for ponzi scheme A MILLIONAIRE Florida lawyer has been sentenced to 50 years in prison for running a Ponzi scheme out of his law firm's office that defrauded investors out of $US1. 2 billion ($1.48 billion), federal prosecutors say.

    NEWS.com.au | Top Stories

  • Lawyer jailed 50 years for ponzi scheme A MILLIONAIRE Florida lawyer has been sentenced to 50 years in prison for running a Ponzi scheme out of his law firm's office that defrauded investors out of $US1. 2 billion ($1.48 billion), federal prosecutors say.

    AustralianIT.com.au | Top Stories

  • "The term 'Ponzi scheme' is what scared seniors," said Romney, the former Massachusetts governor.

    Rick Perry must be the front-runner: Everyone attacks him

  • The term 'Ponzi scheme' I think is over the top and unnecessary and frightful to many people,'' Mr. Romney said, calling Social Security an essential program that needs a change in its funding structure.

    Perry's the Man in the Middle

  • "The term 'Ponzi scheme' is what scared seniors," said Romney, the former Massachusetts governor.

    Rick Perry must be the front-runner: Everyone attacks him

  • The term "Ponzi scheme" I think is over the top and unnecessary, and frightful to many people.

    NPR Topics: News

  • The term "Ponzi scheme" I think is over the top and unnecessary, and frightful to many people.

    NPR Topics: News

  • "The term Ponzi scheme is over the top, unnecessary and frightening to many people," Romney replied.

    The Full Feed from HuffingtonPost.com

  • Few in the crowd seemed to be concerned about Perry's use of the term "Ponzi scheme" to describe Social Security despite the criticism he has been drawing even from other Republicans.

    ABC News: Top Stories

  • The term "Ponzi scheme" I think is over the top and unnecessary, and frightful to many people.

    NPR Topics: News

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.